CORELOGIC, INC. | |||||||||||||||||
RECONCILIATION OF ADJUSTED EBITDA | |||||||||||||||||
| |||||||||||||||||
|
For the three months ended September 30, 2013 | ||||||||||||||||
(in thousands) |
Data & Analytics |
Mortgage
|
AMPS |
Corporate |
Elim |
CoreLogic | |||||||||||
Income from continuing operations before equity in earnings of affiliates and income taxes |
$ |
35,638 |
|
$ |
46,448 |
|
$ |
13,877 |
|
$ |
(27,832) |
|
$ |
|
|
$ |
68,131 |
Pretax equity in earnings |
456 |
|
8,786 |
|
|
|
15 |
|
|
|
9,257 | ||||||
Depreciation & amortization |
19,034 |
|
7,294 |
|
575 |
|
2,792 |
|
|
|
29,695 | ||||||
Total interest expense |
(168) |
|
136 |
|
|
|
11,544 |
|
|
|
11,512 | ||||||
Stock-based compensation |
(356) |
|
2,009 |
|
107 |
|
2,118 |
|
|
|
3,878 | ||||||
Non-operating investment (gains)/losses |
(6,637) |
|
|
|
|
|
|
|
|
|
(6,637) | ||||||
Efficiency investments |
|
|
|
|
|
|
1,078 |
|
|
|
1,078 | ||||||
Transaction costs |
|
|
|
|
|
|
1,467 |
|
|
|
1,467 | ||||||
Adjusted EBITDA |
$ |
47,967 |
|
$ |
64,673 |
|
$ |
14,559 |
|
$ |
(8,818) |
|
$ |
|
|
$ |
118,381 |
|
|
|
|
|
|
| |||||||||||
|
|
|
|
|
|
| |||||||||||
|
|
|
|
|
|
| |||||||||||
|
For the three months ended September 30, 2012 | ||||||||||||||||
(in thousands) |
Data & Analytics |
Mortgage
|
AMPS |
Corporate |
Elim |
CoreLogic | |||||||||||
Income from continuing operations before equity in earnings of affiliates and income taxes |
$ |
30,798 |
|
$ |
49,885 |
|
$ |
16,792 |
|
$ |
(53,072) |
|
$ |
|
|
$ |
44,403 |
Pretax equity in earnings |
489 |
|
12,851 |
|
|
|
24 |
|
|
|
13,364 | ||||||
Depreciation & amortization |
17,729 |
|
6,377 |
|
799 |
|
8,132 |
|
|
|
33,037 | ||||||
Total interest expense |
674 |
|
86 |
|
(70) |
|
12,035 |
|
|
|
12,725 | ||||||
Stock-based compensation |
1,349 |
|
1,702 |
|
54 |
|
4,075 |
|
|
|
7,180 | ||||||
Non-operating investment (gains)/losses |
(2,161) |
|
|
|
|
|
7,512 |
|
|
|
5,351 | ||||||
Efficiency investments |
|
|
|
|
|
|
2,608 |
|
|
|
2,608 | ||||||
Adjusted EBITDA |
$ |
48,878 |
|
$ |
70,901 |
|
$ |
17,575 |
|
$ |
(18,686) |
|
$ |
|
|
$ |
118,668 |